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Is Your Supply Chain Ready for the Recession?

Enterra Insights

The grim forecast underscored the magnitude of the shock that the pandemic has inflicted on both advanced and developing economies and the daunting task that policymakers face in containing the fallout.”[2] There have been eight official recessions (including the one that began in December 2007) in the last 50 years. ”[5].

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Winning strategies for distributors and manufacturers during an economic downturn

EazyStock

Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention. What the last recession taught us An article from McKinsey & Company (2022) analyzed the performance of about 40 publicly traded distribution companies during the 2007-2009 recession.

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Inflation is Back Up – Are you Ready?

Herlitz Inventory Management

Since 2009, when Herlitz Inventory Management was founded, annual inflation has been below 3 percent in the US. Forecast: Core rate 1.4% source: tradingeconomics.com. Have we lost the knowledge of how to be profitable during periods of high inflation? It hasn’t been lost here at Herlitz Inventory Management! Bush tax cut, 9/11 attacks.

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COVID-19’s Immediate Impact on the Automotive Supplier Industry

QAD

What’s more, during the great recession of 2007-09, only major automakers like GM and Chrysler got bailouts – this time, many expect suppliers will once again be denied bailouts and be forced into declaring bankruptcy. According to LMC – globally, production is now forecasted to drop to 76.9 from a pre-pandemic forecast of 89.2

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Labor Strike Targeting the Three U.S. Automakers- Update Two

Supply Chain Matters

Some progress has been disclosed, specifically that Ford has agreed to reinstate cost-of-living wage adjustments that were eliminated in 2009, along with what is described as an enhanced profit sharing element to wage structure. automakers facing bankruptcy.

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6 Strategies for Better Supply Chain Management in the Current Economy

Oracle SCM

The years from 2007 through 2009 were notable for their economic volatility, reflected not only in the global economic recession but also the instability of customer demand and rapid movement in raw material, fuel, and commodity prices. By Maha Muzumdar. Original version published in APICS Extra , July 2010.

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Weathering the Next Recession

synchrono

The global economic recession that started in 2007/2008 hit the manufacturing sector hard. In February of 2009, The Economist even published a piece called The Collapse of Manufacturing.